RESTRUCTURING AND RELATED COSTS

12 Months Ended

Oct. 31, 2025

Restructuring and Related Activities [Abstract]

RESTRUCTURING AND RELATED COSTS

RESTRUCTURING AND RELATED COSTS

In the fourth quarter of 2025, we implemented a restructuring program to further streamline our operations and improve the efficiency of our support functions. This initiative is intended to enhance overall organizational effectiveness and ensure alignment between the Company’s cost structure and our strategic growth objectives. We recognized $13.4 million of restructuring charges during the fourth quarter of 2025, which includes employee severance, asset impairment charges, and other related costs. We continue to review our overhead and cost structure for additional efficiency opportunities under this program. We expect these actions to be completed by 2026.

Rollforward of Restructuring and Related Liabilities

(in millions)	Employee Severance		Asset Impairment		Other		Total
Balance, October 31, 2024	$	—	$	—	$	—	$	—
Costs recognized(1)	10.4		2.8		0.2		13.4
Payments	(7.0)		—		—		(7.0)
Non-cash items	—		(2.8)		—		(2.8)
Balance, October 31, 2025	$	3.4	$	—	$	0.2	$	3.6

(1) We include these costs within corporate expenses and are included within “Restructuring and related expenses” on the Consolidated Statements of Comprehensive Income.